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Banking

NIM reduction forces banks to increase non-interest income, cut costs

NIM reduction forces banks to increase non-interest income, cut costs

To support the Government''s economic growth target of eight per cent or more in 2025, more than 20 commercial banks in Việt Nam have implemented the request to reduce deposit interest rates in parallel with launching many low-interest credit packages.
Complete legal framework needed to settle bad debts

Complete legal framework needed to settle bad debts

Despite efforts of banks in dealing with bad debts, the debts increased by about VNĐ34 trillion in the first two months of 2025, while only about VNĐ15 trillion of the debts were settled by banks through risk provisions.
Banks to provide 19.5b preferential credit package for infrastructure, digital technology businesses

Banks to provide $19.5b preferential credit package for infrastructure, digital technology businesses

The commercial banks said they will participate in the package to show the proactiveness and determination of the sector in supporting businesses and promoting economic growth.
Bank credit needs to flow into real estate segments with higher demand

Bank credit needs to flow into real estate segments with higher demand

Data from the rating agency FiinRatings showed that credit growth for the whole economy was 15.08 per cent last year, while credit growth for real estate developers was up to 28.5 per cent, four times higher than credit for home...
Positive credit helps drive economic growth

Positive credit helps drive economic growth

As of March 20, outstanding loans reached nearly VNĐ15.93 quadrillion, up 1.98 per cent compared to the end of 2024 and up 17.60 per cent compared to the same period in 2024.
Profits, dividends, capital increases and bad debts on agendas of 2025 banking AGMs

Profits, dividends, capital increases and bad debts on agendas of 2025 banking AGMs

In a discussion with shareholders, VIB Chairman Đặng Khắc Vỹ said that bad debt handling is one of the ‘hot’ issues of the entire banking industry.
SMEs need credit guarantee, tax, IT development supports

SMEs need credit guarantee, tax, IT development supports

The proportion of small and medium-sized enterprises (SMEs) accessing financial resources through the banking system and other formal sources accounts for only 25 per cent.
Banks launch automatic profit-making products to draw depositors

Banks launch automatic profit-making products to draw depositors

Many banks are now offering automatic profit accounts with attractive features for customers.
First banks to open 2025 shareholder meeting season with ambitious goals

First banks to open 2025 shareholder meeting season with ambitious goals

VIB will be the first bank holding its annual general meeting of shareholders (AGM) on March 27 in HCM City.
Low capital raising hinders banks from credit expansion

Low capital raising hinders banks from credit expansion

To achieve the GDP growth target of 8 per cent, the banking system must inject about VNĐ2.5 quadrillion to the economy, equivalent to a credit growth of 16 per cent.
Foreign ownership at acquirers of weak banks to rise to 49%

Foreign ownership at acquirers of weak banks to rise to 49%

The new decree also regulates that the total share ownership of foreign investors at a Vietnamese non-bank credit institution will also not be allowed to exceed 50 per cent of the institution’s charter capital.
Decree on foreign investment in Vietnamese financial institutions amended

Decree on foreign investment in Vietnamese financial institutions amended

Decree No. 69/2025/NĐ-CP amends several provisions of Decree No. 01/2014/NĐ-CP regarding foreign investment in Vietnamese financial institutions.
Credit law changes may ease handling of bad debts

Credit law changes may ease handling of bad debts

According to SBV’s data, bad debts of commercial banks as of December 31, 2024 were more than VNĐ733.9 trillion, an increase of 3.4 per cent compared to the end of 2023
Central bank to create roadmap for eliminating credit growth quota policy

Central bank to create roadmap for eliminating credit growth quota policy

The credit growth quota system, which puts a cap on the credit expansion of each bank, has been maintained by the SBV since 2011, when Việt Nam’s economy was experiencing hyperinflation stemming from excessive money supply.